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Trader Joe to Discontinue Governance Token veJOE in Token Economics Reform

2023/05/19
Trader Joe to Discontinue Governance Token veJOE in Token Economics Reform

The Avalanche eco-DEX Trader Joe core team tweeted a token economics update deciding to discontinue the governance token veJOE, from which users can withdraw JOE tokens. veJOE will continue to serve as an enabler for V1 liquidity mining, but veJOE sent to V1 liquidity mining is expected to end in January 2024 in a planned emissions schedule before it is discontinued.